Australian inflation hits 21-year high, peak yet to come
Q2 CPI rose 1.8% q/q, 6.1% y/y just below forecast Core inflation up record 4.9% YoY vs RBA target of 2-3% RBA seen 50bps rise next week, 75bps less chance SYDNEY, July 27 (Reuters) – Australian inflation hit a 21-year high in the last quarter and is expected to pick up further as food and … Read more